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Education Code - EDC - EDC § 42651
Education Code - EDC - EDC § 42651
(a) The governing board of a school district may authorize a bank, savings and loan association, or credit union in which school district deferred compensation funds are invested pursuant to Section 53609 of the Government Code, to disburse benefits to eligible school district em
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Education Code - EDC - EDC § 42652
Education Code - EDC - EDC § 42652
(a) The approval of a school district to draw all warrants on the county treasury pursuant to Section 42647 may be revoked or suspended by the Superintendent of Public Instruction for any school district that has a qualified or negative certification pursuant to Section 42131. (b
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Education Code - EDC - EDC § 42661
Education Code - EDC - EDC § 42661
Any warrant drawn on the funds of a district retirement system and issued to the claimant thereof but not presented for payment to the county treasurer within two years after it was issued is void and the proceeds of such warrants shall revert to and become a part of the contribu
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Education Code - EDC - EDC § 42662
Education Code - EDC - EDC § 42662
The county superintendent of schools shall keep a record of all orders, or warrants which have become void.
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Education Code - EDC - EDC § 42670
Education Code - EDC - EDC § 42670
When any order against the funds of a school district is presented to the county superintendent of schools, and the order constitutes a valid claim against the funds of the district, and moneys are not available in the funds of the district from which to pay the order, he shall e
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Education Code - EDC - EDC § 42671
Education Code - EDC - EDC § 42671
The county superintendent of schools shall number and date the registered order and shall transmit the registered order to the governing board of the school district which drew the order, and it shall deliver the registered order to the payee or his order. From the date of regist
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Education Code - EDC - EDC § 42672
Education Code - EDC - EDC § 42672
Whenever moneys are available for the payment of the registered order the county superintendent of schools shall give notice, in a newspaper published in the county, or if there is no newspaper, by written notice posted at the courthouse, stating that he is ready to approve the o
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Education Code - EDC - EDC § 42673
Education Code - EDC - EDC § 42673
At the time of giving the notice the county superintendent of schools shall set aside in the funds of each district for a period of 60 days the amount necessary for the payment of the registered orders of the district listed in the notice. If any registered order is not presented
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Education Code - EDC - EDC § 42674
Education Code - EDC - EDC § 42674
The county superintendent of schools shall approve the registered orders of each district, and sign them as requisitions on the county auditor, in the order of their presentation. He shall enter on each the amount of interest due and the total amount, including principal and inte
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Education Code - EDC - EDC § 42675
Education Code - EDC - EDC § 42675
As an alternative to the method provided in Section 42674, when any corporation, firm, or person presents two or more registered orders for payment at the same time, registered on the same date, and issued against the funds of the same district, the registered orders may be appro
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Education Code - EDC - EDC § 42676
Education Code - EDC - EDC § 42676
The special interest requisition shall bear upon its face substantially the following notation: “In full payment of interest due on warrants numbered __ to __, inclusive, of the ____ School District.”
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Education Code - EDC - EDC § 42677
Education Code - EDC - EDC § 42677
The special interest requisition shall be numbered by the county superintendent of schools and county auditor, being given the number immediately succeeding the number assigned to the last of the requisitions and warrants referred to in Section 42675.
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Education Code - EDC - EDC § 42678
Education Code - EDC - EDC § 42678
The county superintendent of schools shall report to the county treasurer and the county auditor within 10 days after the end of each month the amount of the interest computed pursuant to this article. The report shall show each district for which interest has been computed, the
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Education Code - EDC - EDC § 42690
Education Code - EDC - EDC § 42690
In lieu of the method provided in Article 6 (commencing with Section 42670) of this chapter for the registration of school district orders, the provisions of this article may be followed upon resolution adopted by the county board of supervisors of any county.
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Education Code - EDC - EDC § 42691
Education Code - EDC - EDC § 42691
When any order on school district funds is received by the county superintendent of schools and there is insufficient money in the fund or funds against which the order is drawn to pay the order in full, the county superintendent shall endorse on the order “to be registered for l
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Education Code - EDC - EDC § 42692
Education Code - EDC - EDC § 42692
When the warrant is presented to the county treasurer for payment, he shall endorse, register, advertise, and pay it, with interest at the rate of 5 percent per annum, in the manner prescribed, as nearly as may be, for county warrants in Sections 29821 to 29824, inclusive, and Se
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Education Code - EDC - EDC § 42693
Education Code - EDC - EDC § 42693
If the warrants are not again presented for payment within 60 days from the time the notice provided for in Section 29823 of the Government Code is given, the fund set aside for the payment of the warrants shall be applied by the treasurer to the payment of unpaid warrants next i
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Education Code - EDC - EDC § 42694
Education Code - EDC - EDC § 42694
Within 10 days after the end of each month, the county auditor shall report to the superintendent of schools the amount of interest added to registered warrants and paid during the preceding month. The report shall show each district to whose registered warrants, paid during the
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Education Code - EDC - EDC § 42800
Education Code - EDC - EDC § 42800
(a) The governing board of a school district may, with the consent of the county superintendent of schools, establish a revolving cash fund for the use of the chief accounting officer of the school district, by adopting a resolution setting forth the necessity for the revolving c
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Education Code - EDC - EDC § 42801
Education Code - EDC - EDC § 42801
(a) Except as otherwise provided in subdivision (b) of this section, the officer for whose use the revolving cash fund is created shall file with the governing body of the district a bond in favor of the district, executed by him as principal and by a surety company authorized un
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Education Code - EDC - EDC § 42801.5
Education Code - EDC - EDC § 42801.5
Notwithstanding the requirement to provide for indemnity bonds pursuant to Sections 42650 and 42801, the governing board of a school district may, in lieu thereof, insure against losses caused by an employee or an officer of a school district if the insurance gives the same or gr
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Education Code - EDC - EDC § 42802
Education Code - EDC - EDC § 42802
No bond shall be required when the revolving cash fund does not at any time exceed twenty-five dollars ($25).
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Education Code - EDC - EDC § 42803
Education Code - EDC - EDC § 42803
The governing board of the district shall draw an order, on the form and in the manner required by law for order, requisition, and warrant for the payment of school moneys, payable from the county or special fund of the district, in favor of the officer for whose use the revolvin
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Education Code - EDC - EDC § 42804
Education Code - EDC - EDC § 42804
The person entrusted with the revolving fund shall not be authorized to expend any portion of the fund except for services or material, the securing or purchasing of which is a legal charge against the district, and no expenditure shall be made unless a receipt is obtained theref
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Education Code - EDC - EDC § 42805
Education Code - EDC - EDC § 42805
The governing board of the district may at any time reduce or discontinue any revolving cash fund established by its order. Whenever the fund is ordered reduced the person using it shall immediately return to the county treasury the amount necessary to reduce the fund, as ordered